M/S Star Industries vs Commissioner Of Customs(Imports) ...

The Supreme Court addressed the eligibility of Roasted Molybdenum Ore/Concentrate for exemption from countervailing duty (CVD) under Notification No. 4/2006-CE. The Court held that the imported Ore Concentrate does not qualify as 'Ores' as per the notification, thus affirming the Customs Department's decision to impose CVD. The ruling clarified that the distinction between natural ores and ore concentrates is significant, and the assessee's misdeclaration warranted the denial of exemption under Section 3(1) of the Customs Tariff Act, 1975.